hunit solutions ltd

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hunit solutions ltd Company Information

Share HUNIT SOLUTIONS LTD

Company Number

12471249

Shareholders

hunit ltd

Group Structure

View All

Industry

Other information technology and computer service activities

 +2

Registered Address

third floor 20 old bailey, london, EC4M 7AN

Website

hunit.com

hunit solutions ltd Estimated Valuation

£287.5k

Pomanda estimates the enterprise value of HUNIT SOLUTIONS LTD at £287.5k based on a Turnover of £307.7k and 0.93x industry multiple (adjusted for size and gross margin).

hunit solutions ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of HUNIT SOLUTIONS LTD at £0 based on an EBITDA of £-18k and a 4.9x industry multiple (adjusted for size and gross margin).

hunit solutions ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of HUNIT SOLUTIONS LTD at £0 based on Net Assets of £-534.5k and 2.25x industry multiple (adjusted for liquidity).

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Hunit Solutions Ltd Overview

Hunit Solutions Ltd is a live company located in london, EC4M 7AN with a Companies House number of 12471249. It operates in the other software publishing sector, SIC Code 58290. Founded in February 2020, it's largest shareholder is hunit ltd with a 100% stake. Hunit Solutions Ltd is a young, micro sized company, Pomanda has estimated its turnover at £307.7k with low growth in recent years.

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Hunit Solutions Ltd Health Check

Pomanda's financial health check has awarded Hunit Solutions Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £307.7k, make it smaller than the average company (£5.8m)

£307.7k - Hunit Solutions Ltd

£5.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.7%)

4% - Hunit Solutions Ltd

8.7% - Industry AVG

production

Production

with a gross margin of 65.9%, this company has a comparable cost of product (65.9%)

65.9% - Hunit Solutions Ltd

65.9% - Industry AVG

profitability

Profitability

an operating margin of -5.9% make it less profitable than the average company (3.5%)

-5.9% - Hunit Solutions Ltd

3.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (41)

2 - Hunit Solutions Ltd

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £77.3k, the company has an equivalent pay structure (£77.3k)

£77.3k - Hunit Solutions Ltd

£77.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £153.8k, this is equally as efficient (£153.2k)

£153.8k - Hunit Solutions Ltd

£153.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Hunit Solutions Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 358 days, this is slower than average (37 days)

358 days - Hunit Solutions Ltd

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hunit Solutions Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)

0 weeks - Hunit Solutions Ltd

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 6261.2%, this is a higher level of debt than the average (62.3%)

6261.2% - Hunit Solutions Ltd

62.3% - Industry AVG

HUNIT SOLUTIONS LTD financials

EXPORTms excel logo

Hunit Solutions Ltd's latest turnover from December 2023 is estimated at £307.7 thousand and the company has net assets of -£534.5 thousand. According to their latest financial statements, Hunit Solutions Ltd has 2 employees and maintains cash reserves of £27 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020
Turnover307,670293,712217,289273,820
Other Income Or Grants0000
Cost Of Sales104,930100,80974,23797,841
Gross Profit202,741192,903143,051175,979
Admin Expenses220,772241,136566,195221,114
Operating Profit-18,031-48,233-423,144-45,135
Interest Payable00310303
Interest Receivable37129530
Pre-Tax Profit-17,660-47,938-423,451-45,438
Tax0000
Profit After Tax-17,660-47,938-423,451-45,438
Dividends Paid0000
Retained Profit-17,660-47,938-423,451-45,438
Employee Costs154,632145,021135,553129,865
Number Of Employees2222
EBITDA*-18,031-48,233-423,144-45,135

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020
Tangible Assets0000
Intangible Assets0000
Investments & Other0000
Debtors (Due After 1 year)0000
Total Fixed Assets0000
Stock & work in progress0000
Trade Debtors0023,1940
Group Debtors0000
Misc Debtors8,6488,4878020
Cash2714,0962,7850
misc current assets0000
total current assets8,67522,58326,05920
total assets8,67522,58326,05920
Bank overdraft0009,934
Bank loan0000
Trade Creditors 102,936104,916119,9910
Group/Directors Accounts439,275433,568373,38034,924
other short term finances0000
hp & lease commitments0000
other current liabilities9509251,576599
total current liabilities543,161539,409494,94745,457
loans0000
hp & lease commitments0000
Accruals and Deferred Income0000
other liabilities0000
provisions0000
total long term liabilities0000
total liabilities543,161539,409494,94745,457
net assets-534,486-516,826-468,888-45,437
total shareholders funds-534,486-516,826-468,888-45,437
Dec 2023Dec 2022Dec 2021Dec 2020
Operating Activities
Operating Profit-18,031-48,233-423,144-45,135
Depreciation0000
Amortisation0000
Tax0000
Stock0000
Debtors161-14,78723,25420
Creditors-1,980-15,075119,9910
Accruals and Deferred Income25-651977599
Deferred Taxes & Provisions0000
Cash flow from operations-20,147-49,172-325,430-44,556
Investing Activities
capital expenditure0000
Change in Investments0000
cash flow from investments0000
Financing Activities
Bank loans0000
Group/Directors Accounts5,70760,188338,45634,924
Other Short Term Loans 0000
Long term loans0000
Hire Purchase and Lease Commitments0000
other long term liabilities0000
share issue0001
interest371295-307-303
cash flow from financing6,07860,483338,14934,622
cash and cash equivalents
cash-14,06911,3112,7850
overdraft00-9,9349,934
change in cash-14,06911,31112,719-9,934

hunit solutions ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for hunit solutions ltd. Get real-time insights into hunit solutions ltd's credit score, group structure and payment trends.

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Hunit Solutions Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hunit solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EC4M area or any other competitors across 12 key performance metrics.

hunit solutions ltd Ownership

HUNIT SOLUTIONS LTD group structure

Hunit Solutions Ltd has no subsidiary companies.

Ultimate parent company

1 parent

HUNIT SOLUTIONS LTD

12471249

HUNIT SOLUTIONS LTD Shareholders

hunit ltd 100%

hunit solutions ltd directors

Hunit Solutions Ltd currently has 2 directors. The longest serving directors include Mr Jan Berger (Feb 2020) and Mr Aaron Powers (Jun 2020).

officercountryagestartendrole
Mr Jan BergerUnited Kingdom52 years Feb 2020- Director
Mr Aaron PowersUnited Kingdom48 years Jun 2020- Director

P&L

December 2023

turnover

307.7k

+5%

operating profit

-18k

0%

gross margin

65.9%

+0.33%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-534.5k

+0.03%

total assets

8.7k

-0.62%

cash

27

-1%

net assets

Total assets minus all liabilities

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hunit solutions ltd company details

company number

12471249

Type

Private limited with Share Capital

industry

58290 - Other software publishing

62090 - Other information technology and computer service activities

62012 - Business and domestic software development

incorporation date

February 2020

age

5

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

third floor 20 old bailey, london, EC4M 7AN

Bank

-

Legal Advisor

-

hunit solutions ltd Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to hunit solutions ltd.

hunit solutions ltd Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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hunit solutions ltd Companies House Filings - See Documents

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